Florida Housing Finance Corporation Celebrates 40 Year Anniversary
Providing affordable housing assistance to more than two million Floridians
TALLAHASSEE, FL – Florida Housing Finance Corporation (Florida Housing) is celebrating four decades of service as an outstanding provider of innovative, timely solutions that assist Floridians with their housing needs. As the state’s housing finance agency (HFA), Florida Housing partners with developers, lenders and nonprofits across the state to finance affordable housing properties, specifically tailored to demographics such as senior citizens, families, veterans, homeless and persons with disabilities. Florida Housing also offers a variety of programs and resources that aim to make the renting and homebuying process easier for all families.
“Florida Housing works daily to assist families in attaining affordable housing options, without compromising important safety and design features,” said Trey Price, Executive Director of Florida Housing Finance Corporation. “We know people thrive when they have stable, quality housing – it increases employment, increases children’s performance in schools and improves health. Our team is proud to celebrate this 40-year milestone and the impact Florida Housing programs have made on those choosing to take the next steps toward renting or purchasing their first home.”
Florida Housing’s programs have disbursed billions of dollars of funding and assisted hundreds of thousands of families over forty years, with more than $8.5 billion provided towards homeownership first mortgage assistance and more than $674 million in down payment assistance. Through programs such as the State Housing Initiatives Partnership (SHIP) Program, Florida Housing has provided $2.5 billion to local governments to assist in financing affordable homeownership and rental housing for lower income families at the local level. Florida Housing has also provided emergency funds for those left in need after a natural disaster.
“When Hurricane Michael hit, my kids and I were left stranded with nowhere to call home,” said Kristin Cummings, first grade teacher and Hurricane Michael Recovery Loan participant. “Florida Housing Finance Corporation allowed my family to move out of the RV we’d been living in for almost a year, and move into our current home. Without Florida Housing, we would still be recovering from mass devastation.”
To celebrate Florida Housing’s forty years of impact, the agency will be hosting multiple development tours across the state to allow elected officials and media an inside look at affordable housing properties in various locations throughout Florida.
For more information on Florida Housing Finance Corporation, please visit www.floridahousing.org/40-years.
Florida Housing Finance Corporation (Florida Housing) was created by the state legislature in 1980 to assist in providing a range of affordable housing opportunities for qualifying Florida residents. As the state’s housing finance agency (HFA), Florida Housing administers state and federal resources to provide affordable homeownership and rental housing options across the entirety of the state. The vision of Florida Housing is to be recognized as an outstanding provider of innovative, measurable, data-driven and fiscally sustainable solutions that respond to the affordable housing challenges in Florida. Through its work with developers, lenders, realtors, local governments and elected officials, Florida Housing continues in its mission to increase housing opportunities and ensure its programs are well matched to the needs of those it serves.